NFT marketplace, Magic Eden, partnered with FinTech company, MoonPay, to allow users to purchase NFTs via their debit/credit cards, Apple Pay, and Google Pay among others.
By accepting payment via traditional electronic payment methods, NFT marketplaces eliminate the need for setting up a cryptocurrency wallet and help onboard non-native crypto users to the platform. MoonPay previously partnered with NFT marketplaces, OpenSea and LooksRare, to integrate traditional payment methods as well.
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